The global vital signs monitoring devices market includes emergency support and care services and devices, which can be used not only at clinics, but also at a patient’s home. The most significant healthcare trend witnessed recently is the shift of treatment from hospitals to home in order to gain a cost advantage and reduce hospital expenditure. The move from treatment to proactive monitoring is also opening up new opportunities for home monitoring devices. Patients prefer home monitoring equipment over hospitals mainly for the convenience and cost-effectiveness it offers.

This market is witnessing tremendous growth due to a rise in the aging population, not only in the developed regions of the world, but also in developing countries. Awareness of the convenience and cost effectiveness offered by these equipment and services is also increasing the demand for this market. Asia displays a high CAGR owing to the rapidly increasing aging population in countries such as India, China, and Japan. The Americas also maintains a stable growth mainly due to reimbursements offered for specific equipment and the health policies of Medicaid and Medicare.

The global vital signs monitoring market was valued at $3,148 million in the year 2012 and is market is poised to grow at a CAGR of 6.61% from the year 2013, reaching approximately $4,375 million by 2018.

Scope of the Report

This research report categorizes the global vital signs monitoring market into geography, and by product. The market is further broken down by geography, with exhaustive revenue analysis, as well as the forecast up to 2018.

The global vital signs monitoring market is estimated to reach $4.3 billion by 2018 growing at a CAGR of 6.61%. The market for vital signs monitoring devices is divided on the basis of products and geography. Based on products, this market is segmented into blood pressure monitors, pulse-oximeters and temperature monitoring devices. Pulse-oximeters command the highest market owing to their rising demand in emergency medical care. Each segment is further classified into various sub-segments, providing exhaustive market analysis and trends for the global vital signs monitors market.

The BP monitoring devices market is segmented into aneroid and automated BP monitors, while the pulse-oximeter market is categorized into tabletop or bedside pulse-oximeters, fingertip, handheld, wrist worn, and pediatric pulse-oximeters. The temperature monitoring devices market is further classified into sub-segments such as mercury-filled thermometers, digital temperature monitors, infrared thermometers, and temperature strips.

The geography wise market segmentation includes North America, Europe, Asia, and Rest of the World. North America is a significant contributor to the market, followed by Europe, due to the presence of high-end technology providers and better R&D facilities. However, the Asian market witnesses the highest growth rate owing to the rising demand for these devices for home health monitoring. The new markets that are expected to grow at a brisk pace are emerging economics such as China, India, Japan and other regions of Asia-Pacific, and untapped markets in European regions.